Key Market Indicators
Nigeria's vegetable consumption is projected to hit 14.7 million metric tons by 2028, up from approximately 14.6 million metric tons in 2023. This marks a modest annual growth rate of 0.1%. However, since 2019, demand has seen a slight decline, decreasing by 0.3% annually. On the production front, Nigerian vegetable output is expected to reach around 16.4 million metric tons by 2028, compared to about 16.2 million metric tons in 2023. This equates to a compound annual growth rate (CAGR) of 0.2%. Similar to consumption trends, production has also experienced a yearly decline of 0.3% since 2019.
